Greece should continue reforms even after the end of the period of increased supervision by creditors, in order to help upgrade its debt rating by the junk regime, according to the head of the European Central Bank’s mission in Greece , reports Bloomberg.
“The process of regaining the investment level can be supported by a consistent strategy with policies that will address the remaining imbalances of the Greek economy,” Martin Bijsterbosch said in a written response to questions from the agency.
These imbalances stem from high public debt and problems in the country’s banks, he said. The remaining reforms include modernizing the public administration and strengthening the financial sector.
Source: Capital
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